UN / COMMODITIES REPORT

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15-May-2019 00:00:55
Presenting the United Nations Conference on Trade and Development’s (UNCTAD) “State of Commodity Dependence Report 2019,” the Director of UNCTAD’s International Trade and Commodities Division, Pamela Coke-Hamilton, said, “most of the countries that were commodity dependent 20 years ago are still commodity dependent and that number has increased.” UNIFEED

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STORY: UN / COMMODITIES REPORT
TRT: 00:55
SOURCE: UNIFEED
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LANGUAGE: ENGLISH / NATS

DATELINE: 15 MAY 2019, NEW YORK CITY / FILE

SHOTLIST:

FILE – RECENT, NEW YORK CITY

1. Tilt up, exterior United Nations headquarters

15 MAY 2019, NEW YORK CITY

2. Wide shot, dais
3. Med shot, journalists
4. SOUNDBITE (English) Pamela Coke-Hamilton, Director, UNCTAD Division on International Trade and Commodities:
“Most of the countries that were commodity dependent 20 years ago are still commodity dependent and that number has increased, which doesn’t augur well for the issue of the Sustainable Development Goals and overall human development.”
5. Med shot, journalists
SOUNDBITE (English) Pamela Coke-Hamilton, Director, UNCTAD Division on International Trade and Commodities:
“85 percent of least developed countries are commodity dependent, 81 percent of landlocked developing countries and 57 percent of small island developing states. It means that 91 percent of low-income countries are commodity dependent compared with less than one third of high-income countries.”
6. Med shot, journalists
7. Wide shot, dais

STORYLINE:

Presenting the United Nations Conference on Trade and Development’s (UNCTAD) “State of Commodity Dependence Report 2019,” the Director of UNCTAD’s International Trade and Commodities Division, Pamela Coke-Hamilton, said, “most of the countries that were commodity dependent 20 years ago are still commodity dependent and that number has increased.”

Coke-Hamilton said this “doesn’t augur well for the issue of the Sustainable Development Goals and overall human development.”

The UNCTAD official said “85 percent of least developed countries are commodity dependent, 81 percent of landlocked developing countries and 57 percent of small island developing states. It means that 91 percent of low-income countries are commodity dependent compared with less than one third of high-income countries.”

The UNCTAD report contains statistical profiles for 189 countries comprising 30 indicators aimed at describing the extent of each country’s export and import commodity dependence, as well as key structural and socioeconomic variables that are related to the commodity dependence phenomenon, such as growth of gross domestic product (GDP) and per capita GDP levels, the Human Development Index, value added by sector of the economy and institutional quality index, among others.

A country is considered to be export-commodity-dependent when more than 60 per cent of its total merchandise exports are composed of commodities.
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